Norwegian mini-bulker owner Wilson has posted a reduced loss for the final three months of 2016.
It recorded a deficit of EUR 137,000 ($144,000), down from EUR 2.92m in the same period of 2015.
Revenue was stable at EUR 62.45m against EUR 62.49m, but 2015's tax bill was much higher at EUR 2.25m, compared to EUR 148,000 last year.
The annual loss was lower at EUR 2.36m
